Tesla's sales in Europe plunged 49% in April, even as electric car demand surged, signaling growing trouble for the U.S. EV giant in a competitive and shifting market.
In April, Tesla's sales in Europe dropped sharply by 49% year-on-year, despite a 27.8% increase in overall battery-electric vehicle sales across the region, according to data from the European Automobile Manufacturers Association.This marks Tesla's fourth consecutive month of decline, with its market share nearly halved to 0.7% from 1.3% a year ago. The company’s recent Model Y upgrades appear to have done little to restore its image in the region.
Meanwhile, total car sales in the EU, Britain, and EFTA stood at 1.07 million units, down slightly by 0.3% from last year. Electrified vehicles made up 59.2% of all registrations in the EU — up from 47.7% the previous year — with strong growth especially in Spain and Italy. However, Tesla faces growing pressure from Chinese automakers like SAIC Motor and broader discontent around Elon Musk’s political stances. Despite easing U.S.-China trade tensions, uncertainty and tariffs continue to weigh on the global automotive outlook.
An Iranian missile strike early Thursday hit Israel's Soroka Medical Center in the southern city of Beer Sheba, marking a significant escalation in the ongoing conflict between the two nations.
Our NewsHour presenter Guy Shone examined the rapidly escalating humanitarian crisis in Sudan, now two years into a brutal war that has pushed millions to the edge of survival.
Egypt’s Foreign Minister Badr Abdelatty and Chinese Foreign Minister Wang Yi discussed the escalating Middle East tensions and stressed the need for urgent de-escalation and diplomatic efforts to prevent further conflict.
At the second China-Central Asia Summit held in Astana, the capital of Kazakhstan, China and five Central Asian countries signed the "Treaty of Eternal Good-Neighborliness, Friendship, and Cooperation," establishing a new legal foundation for strategic partnership.
Smoke rises over Tehran as Israeli airstrikes and Iranian missile attacks push regional tensions to the brink. Dozens of civilian casualties have been reported on both sides.
An Iranian missile strike early Thursday hit Israel's Soroka Medical Center in the southern city of Beer Sheba, marking a significant escalation in the ongoing conflict between the two nations.
Egypt’s Foreign Minister Badr Abdelatty and Chinese Foreign Minister Wang Yi discussed the escalating Middle East tensions and stressed the need for urgent de-escalation and diplomatic efforts to prevent further conflict.
Rwanda and the Democratic Republic of Congo (DRC) have initialed a draft peace agreement, marking a significant step toward ending years of conflict in eastern Congo.
At the second China-Central Asia Summit held in Astana, the capital of Kazakhstan, China and five Central Asian countries signed the "Treaty of Eternal Good-Neighborliness, Friendship, and Cooperation," establishing a new legal foundation for strategic partnership.
The potential for U.S. military involvement in a conflict with Iran is revealing a rare rift within President Donald Trump's core political base, the "Make America Great Again" (MAGA) coalition.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
Nippon Steel closed its $14.9 billion acquisition of U.S. Steel on Wednesday after securing approval from the Trump administration, which obtained a rare “golden share” giving the U.S. government veto power over key corporate decisions.
Sweden’s central bank lowered its key interest rate to 2.00% on Wednesday, citing mild inflation and weaker-than-expected economic growth.
The United Nations Conference on Trade and Development agency (UNCTAD) faces deep staffing cuts amid a global funding crisis, raising concerns about its ability to support developing nations navigating economic shocks like U.S. tariffs.
U.S. President Donald Trump is warning that the 25% tariffs on British steel imports may remain unless the UK provides specific assurances about the Indian-owned Tata Steel plant at Port Talbot, amid ongoing trade negotiations following a partial G7 agreement.
Wealth surged in the United States last year with more than 379,000 people becoming new dollar millionaires, that's more than a 1,000 people a day, according to the latest report from UBS Wealth Management.
An Iranian missile strike early Thursday hit Israel's Soroka Medical Center in the southern city of Beer Sheba, marking a significant escalation in the ongoing conflict between the two nations.
Egypt’s Foreign Minister Badr Abdelatty and Chinese Foreign Minister Wang Yi discussed the escalating Middle East tensions and stressed the need for urgent de-escalation and diplomatic efforts to prevent further conflict.
Rwanda and the Democratic Republic of Congo (DRC) have initialed a draft peace agreement, marking a significant step toward ending years of conflict in eastern Congo.
At the second China-Central Asia Summit held in Astana, the capital of Kazakhstan, China and five Central Asian countries signed the "Treaty of Eternal Good-Neighborliness, Friendship, and Cooperation," establishing a new legal foundation for strategic partnership.
The potential for U.S. military involvement in a conflict with Iran is revealing a rare rift within President Donald Trump's core political base, the "Make America Great Again" (MAGA) coalition.
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